Monday, April 5, 2010

Growth and Opportunistic Portfolios on Fire Today

Today was the kind of outperformance Stone Fox strives for when looking for stocks that have been mis-valued by the markets finally explode onto the scene. The Growth Portfolio was up 2.5% compared to 0.79% for the SP500 while the Opportunistic Portfolio fared even better up 3.8%.

The big winners were the portfolios largest holding AerCap Holdings (AER) gaining 7% and speculative China coal play Puda Coal (PUDA) up 8.5%. Also helped that large holding Riverbed Tech (RVBD) was up 5.4% and other holdings like Regions Financial (RF) and Liz Claiborne (LIZ) were up 5%.

The market is overbought short term, but long term we still see incredible value in all those stocks mentioned. AER and PUDA could easily rack up earnings in the $2+ range in 2011 and they only trades at $13 and $10, respectively. They both could see $20 assuming they meet earnings expectations.

Growth Portfolio numbers via marketocracy.com. See links to all portfolio performance numbers on the right hand side. Opportunistic numbers are updated prior to market open the following day on Covestor.

SFCG 2.54% 1.52% 1.52% 14.01%
S&P 500 0.79% 0.75% 0.75% 6.17%
DOW 0.43% 0.65% 0.65% 4.79%
Nasdaq 1.12% 0.19% 0.19% 5.88%

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